CMC 0.00% 1.1¢ china magnesium corporation limited

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  1. 7,857 Posts.
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    Does anyone know the magnesium price and what it sells for st the gate in China ? Has it fallen like the iron ore price and other commodities ? Is it still economical to produce ? Are the local car manufacturers still interested in purchasing the magnesium CMC produces ?

    Management will never tell you what the magnesium sale price is ? I have asked numerous times in the past but alas to no avail.

    Shouldn't CMC tell the shareholders what the sale price is and what the cost of production is like any iron ore, coal, or any other commodity producer.

    The shares in escrow will not be sold imo. If they are it would be an offmarket transaction and hopefully with a more proactive major shareholder.
 
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Currently unlisted public company.

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